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The Latest Breaking News from Portmans

Hard sell for retail giant as consumers tighten belts

Households are clamping down on spending even more as financial uncertainty deepens, hitting sales at a leading Australian retailer.

AAP · Jul 27

Myer hails Black Friday boom as top label nears return

Department store Myer achieved its biggest biggest Black Friday sale performance on record as it prepares to relaunch a fast fashion brand in Australia.

AAP · Dec 10, 2025

Lovisa CEO denies misconduct allegations at Smiggle

Billionaire businessman Solomon Lew has made sensational allegations against the fired CEO of his back-to-school chain Smiggle, who is now the boss of Lovisa.

AAP · Sep 24, 2025

From analysis to the latest developments in health,
read the most diverse news in one place.

Smiggle demerger delayed to prioritise Myer deal

The planned demerger of Smiggle will take a back seat as owner Premier Investments considers selling brands including Jay Jays and Just Jeans to Myer.

AAP · Sep 25, 2024

Smiggle, Peter Alexander owner posts record FY sales

Premier Investments grew sales 9.7 per cent in 2022/23 despite higher cost-of-living pressures.

AAP · Sep 28, 2023

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